财政部、中国人民银行：地方政府债券不受发行主体的限制，可以跨地域质押

Core Viewpoint - The Ministry of Finance and the People's Bank of China issued a notification to enhance the management of collateral for commercial banks' time deposits in treasury cash management [1] Group 1: Notification Details - The notification allows commercial banks participating in central and local treasury cash management to use various types of bonds as collateral for treasury time deposits, including book-entry government bonds, local government bonds, and policy financial bonds [1] - Bonds that have been partially repaid are not eligible to be used as collateral [1] - Local government bonds can be pledged across regions without restrictions on the issuing entity [1]